2704-06 N Halsted St

FOR LEASE OR SALE
PRIME RETAIL/PROFESSIONAL OFFICE SPACE

Neighborhood: Lincoln Park

Cross Streets: Halsted St & Diversey Pkwy

2704-06 N Halsted St

COMMERCIAL SPACE:

High-profile retail, salon or professional/medical office space on the ground floor of newer 5-story 54-unit condo building.
• 7,600 SF with 130’ of frontage, divided into 4 separate spaces
• 2 storefront spaces available for lease (total of 4,100 SF)
➢ ~1,400 SF with 24’ frontage (manicure/pedicure/facial/retail portion of former high-end day spa) – LEASE PENDING
➢ ~2,700 SF with 37’ frontage (massage area of former high-end day spa)
• 2 leased storefronts (3,500 SF, $117,000 net rent)
➢ 1,500 SF leased to Dental Masters since 2004
➢ 2,000 SF on recent 10-year lease with large Dunkin’ Donuts franchisee
• 12’ ceiling height to concrete deck with dropped ceilings at 10’.

DELIVERY CONDITION: These spaces were formerly part of a high-end spa/salon with extensive plumbing and upgraded HVAC & electrical service.
Can be delivered “as is”, as a “vanilla box” or as a “turnkey” space

PARKING: The property has 6 parking spaces available in the building’s heated garage for $200/mo. per parking space.

ZONING: B3-2 (Community Shopping District), 43rd Ward (Ald. Michele Smith)

USAGE RESTRICTIONS: Bars, nightclubs, massage parlors, and retail packaged liquor stores are not allowed, but restaurants, including those serving alcoholic beverages, are allowed. There are no restrictions on hours of operation.

LOCATION: Located in the heart of the Lincoln Park/East Lakeview commercial district with over 100,000 affluent residents within 1 mile. 1 block south of Diversey Pkwy, 2 blocks west of the Clark/Broadway/Diversey intersection and 0.3 mi to the Diversey CTA station. Nearby businesses include Dom’s Kitchen & Market, Home Depot, Guitar Center, Walgreens, Trader Joe’s, Urban Outfitters, and numerous local restaurants and neighborhood businesses.

TRAFFIC COUNTS: 18,700 vehicles per day (VPD) on Halsted St, 16,800 VPD on Diversey Pkwy

Demographics: (2020)                                      1.0-mi.       3.0-mi.

2704-06 N Halsted St Demographics

ASKING RENTAL RATE:   

$4,000/month ($34/SF) for 1,400 SF space
$7,500/month ($33/SF) for 2,700 SF space

ADDITIONAL EXPENSES: Real estate taxes ($4.97/SF in 2021) are included in the base rent. Tenants are responsible for their share of common area maintenance (CAM) expenses (~$0.50/SF) and their own separately metered gas and electric utilities.

SELLING PRICE: 

$2,950,000 ($388/SF) for entire 7,600 SF parcel.
$489,000 ($349/SF) for vacant 1,400 SF space,
$920,000 ($341/SF) for vacant 2,700 SF space.

AVAILABILITY: Inquire

2704-06 N Halsted St
2706 N Halsted Space Plan 1
2706 N Halsted Space Plan 2

Scott Fithian
773-404-4314
scott@lordcompanies.com

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik

Compare